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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Reuters
via
gCaptain
British Army Sailors Rescue Exhausted Owl 70 Miles Out To Sea
Aug 22 (Reuters) – A British Army sailing crew competing in one of yachting’s most demanding races found themselves conducting an impromptu wildlife rescue 70 nautical miles from shore when an exhausted...
From
Reuters
via
gCaptain
India Launches Rescue Operation As Bulk Carrier Sinks Off East Coast
By Nidhi Verma, Saurabh Sharma and Jatindra Dash Aug 22 (Reuters) – India’s maritime rescue agency lost communication on Saturday with a Panama-flagged cargo vessel that sank off the coast of eastern...
From
Mike Schuler
via
gCaptain
Trump Administration Claims Massive Oil Flows Through Hormuz But Industry Data Raises Questions
U.S. Energy Secretary Chris Wright says the military helped move more than 15 million barrels of oil and petroleum products through the Strait of Hormuz on Tuesday, an extraordinary figure...
From
Bloomberg
via
gCaptain
Saudis Shuttle Oil North On Tankers To Evade Houthis
By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern route, as Iran-backed militants target the kingdom’s...
From
Reuters
via
gCaptain
Iran Grants Permission For A Number Of Iraqi Oil Tankers To Pass Through Hormuz
Aug 22 (Reuters) – Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state...
From
Malte Humpert
via
gCaptain
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
Chinese container carrier NewNew Shipping Line has expanded its footprint in Russia’s Arctic with the first delivery of containerized cargo to Murmansk via the Northern Sea Route, as the company moves toward a larger role in a shipping corridor attracting growing interest from China, South Korea and India.
From
The Loadstar
via
gCaptain
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Royal Fleet Auxiliary Officers Accept Historic Pay Deal
Trade union Nautilus International has announced that Royal Fleet Auxiliary (RFA) officers in the UK have voted to accept an above-inflation pay offer for 2024/25, marking a significant step towards...
From
Mike Schuler
via
gCaptain
Finnish Authorities Find Alarming Safety Deficiencies on Russian Tanker Suspected Cable Damage
Finnish maritime authorities have detained the tanker Eagle S following a port state control inspection that revealed numerous serious safety deficiencies. The vessel, identified as part of Russia’s sanctions-evading shadow...
From
Austin Schroeder
via
Barchart
Wheat Retreating to Kick Off Wednesday Trade
Wheat is starting the midweek trade with weaker action across the three markets. The wheat market posted gains across the three markets on Tuesday. Chicago SRW futures were up 1 to 2 cents on the day. KC HRW contracts posted gains of 2 to 3 cents. MPLS spring wheat futures...
From
Austin Schroeder
via
Barchart
Soybeans Mostly Lower to Start Wednesday
The soybean market is slipping lower to kick off the Wednesday session, with contracts down 2 to 4 cents. Soybeans got a pop off the early session losses, as contracts closed with fractional to 2 cent losses. Pr3eliminary open interest showed a rotation of ownership, up 822 contracts. CmdtyView’s national...
From
Austin Schroeder
via
Barchart
Corn Leaking Lower on Wednesday Morning
Corn futures are trading with 1 to 2 cent losses in early Wednesday trade. The corn market closed out the session with contracts posting fractional gains in the front months after spending most of the session in the red. Preliminary open interest was up 11,911 contracts on Tuesday. The national...
From
Bloomberg
via
gCaptain
Russia’s Crude Shipments Tumble to the Lowest in 16 Months
Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since an October peak to 540,000 barrels a day.
From
Reuters
via
gCaptain
China-linked Shipowner Denies Taiwan Accusation of Damaging Undersea Cable
The Chinese director of a firm whose vessel Taiwan suspects of having damaged an undersea communications cable said on Wednesday there was no evidence the ship was involved, an incident that has alarmed the government in Taipei.
From
Austin Schroeder
via
Barchart
Soybeans Rallies Back to Close Near Unchanged
Soybeans got a pop off the early session losses, as contracts closed with fractional to 2 cent losses. CmdtyView’s national front month Cash Bean price was down 1/2 at $9.41 1/2. Soymeal futures fell back $2.70 to $3.30/ton on the day to add some pressure. Soy Oil futures were up...
From
Austin Schroeder
via
Barchart
Wheat Closes Higher on Tuesday
The wheat market posted gains across the three markets on Tuesday. Chicago SRW futures were up 1 to 2 cents on the day. KC HRW contracts posted gains of 2 to 3 cents. MPLS spring wheat futures were 2 to 3 cents in the green. On Monday afternoon, individual state...
From
Austin Schroeder
via
Barchart
Corn Rallies Back to a Higher Close on Tuesday
The corn market closed out the session with contracts posting fractional gains in the front months after spending most of the session in the red. The national average Cash Corn price from cmdtyView was steady at $4.28 1/2. USDA reported a private export sale of 110,000 MT of corn sold...
From
Chris Swift
via
Barchart
Shootin' the Bull about more risks than money
Sound business practices, expectations on rate of return, and alternative investments are being tossed out the window for the opportunity to own over priced, labor and input intensive cattle on expectations of the price going even higher.
From
Reuters
via
gCaptain
Trump Promised Swift Action on LNG Exports, but Advisers Preaching Patience
Advisers to U.S.President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses, fearing rapid approvals will only get overturned in court, according to two sources familiar with the discussions.